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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenues    
Realized loss on derivative instruments, net $ (4,095) $ (155)
Unrealized gain on derivative instruments 5,330 547
Other income 198 173
Total Revenues 118,100 89,310
Costs and Expenses    
Lease operating expense 34,996 30,880
Field service expense 14,475 11,990
Depreciation, depletion, amortization and accretion on discounted liabilities 37,729 36,068
General and administrative expense 13,550 9,646
Total Costs and Expenses 100,750 88,584
Gain on Sale and Exchange of Assets 3,662 41,258
Income from Operations 21,012 41,984
Other Income and Expenses    
Less: Interest expense 3,413 2,310
Add: Interest income 44 7
Income Before Provision (Benefit) for Income Taxes 17,643 39,681
Provision (Benefit) for Income Taxes 2,978 (7,753)
Net Income 14,665 47,434
Less: Net Income Attributable to Non-Controlling Interest 136 5,436
Net Income Attributable to PrimeEnergy $ 14,529 $ 41,998
Basic Income Per Common Share $ 6.96 $ 18.99
Diluted Income Per Common Share $ 5.11 $ 14.18
Oil and Gas Sales [Member]    
Revenues    
Oil, gas and service income $ 71,766 $ 50,041
Natural Gas Sales [Member]    
Revenues    
Oil, gas and service income 12,859 9,745
Natural Gas Liquids Sales [Member]    
Revenues    
Oil, gas and service income 8,590 7,097
Oil and Gas Service [Member]    
Revenues    
Oil, gas and service income 17,732 15,704
Administrative Service [Member]    
Revenues    
Oil, gas and service income $ 5,720 $ 6,158